Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Vado area can be challenging. Home prices in Vado are now at a median cost of $103,870, lower than the New Mexico average of $199,923.
The average cost of rent is $593/mo in Vado, primarily driven by the current value of real estate in the Vado area. While nearly 76.93% of residents own their homes outright in Vado, 29.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Vado is $3,269 per month. Households that rent pay about 18.13% of their income on rent here. Vado's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Mesquite, NM: higher priced homes
- La Mesa, NM: equally priced homes
- San Miguel, NM: equally priced homes
- Berino, NM: higher priced homes
- Chamberino, NM: higher priced homes
- Santo Tomas, NM: higher priced homes
- Anthony, NM: higher priced homes
- Mesilla Park, NM: higher priced homes
- Mesilla, NM: higher priced homes
- Chaparral, NM: less expensive homes
Cities with Similar Populations
- Coal Creek, CO: higher priced homes
- Fries, VA: equally priced homes
- Riverside, IA: higher priced homes
- Delta Junction, AK: higher priced homes
- Wofford Heights, CA: higher priced homes
- Darrington, WA: higher priced homes
- Crescent Springs, KY: higher priced homes
- Country Club, MO: higher priced homes
- Coleraine, MN: higher priced homes
- Center City, MN: higher priced homes
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